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Platinum’s first result as a listed company has beaten the prospectus forecast, as we suggested it might on 20 Apr 07 (Subscribe – $5.00). Pro forma revenue came in at $309m, while net profit was $189m (excluding one-off float and restructuring costs). This company is, as we noted in April, ‘obscenely profitable’. No dividend was declared, as expected, with the first one likely to be paid in March...

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Regarding your most recent article about PTM, which according to the price guide is almost a buy. The commentary in the article seems to be around whether or not the company is cheap at current levels and how much the fee cuts will reduce earnings...

Hi, when I look at Platinum I’m a bit conflicted. On one hand, they have a very respected founder Kerr Neilsen, and their quarterly commentary, research articles, etc. appears thoughtful and independent. On the other hand, the performance of all...

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